Motorola CEO Dennis Woodside to join Dropbox as COO (Update)

It have just been days since Google announced that it was selling Motorola Mobility to Lenovo, the executive exodus has begun. Motorola Mobility CEO Dennis Woodside is the first one to move out.

According to a report in Wall Street Journal, Woodside is joining cloud storage start-up Dropbox as Chief Operating Officer (COO). The switch has been confirmed by Google in statement.

“Dennis and the team have reinvented Motorola, with wonderful products like Moto X and Moto G. I wish him all the best with his new big job at Dropbox,” stated Google CEO Larry Page in the statement.

According to Page, Google SVP and Chief Business Officer Nikesh Arora and SVP Products Jonathan Rosenberg will take over Woodside’s responsibilities.

Update: Dennis Woodside has also confirmed now that he will be leaving Motorola Mobility at the end of March and will join Dropbox. He has revealed that Rosenberg will become the COO of Motorola on April 1 to help with the transition to Lenovo ownership.

Dennis Woodside, who is a Google veteran, had worked for over ten years with the search giant. He was made CEO of Motorola Mobility following Google’s acquisition of the company in 2011. Woodside, despite releasing critically acclaimed devices like Moto X and Moto G, was not able to turn-around Motorola’s fortunes. The device-maker has now been sold to Lenovo and the deal is expected to be closed in the coming months.

There is no word on whether any other key Motorola executive is leaving but if we do hear about anyone in the near future, we wouldn’t be surprised.